Internal Audit Risk Senior Analyst Bengaluru
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Job Location:
Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
What We Do
Internal Audit - As the third line of defense Internal Audits mission is to independently assess the firms internal control structure including the firms governance processes and controls risk management and capital and anti-financial crime frameworks raise awareness of control risk and monitor the implementation of managements control doing so internal Audit:
- Communicates and reports on the effectiveness of the firms governance risk management and controls that mitigate current and evolving risk
- Raise awareness of control risk
- Assesses the firms control culture and conduct risks; and
- Monitors managements implementation of control measures
Goldman Sachs Internal Audit comprises individuals from diverse backgrounds including financial risk managers chartered accountants business managers developers cybersecurity professionals and data scientists. We are organized into global teams comprising business and technology auditors to cover all the firms businesses and functions including global markets investment banking consumer and investment management risk management finance cyber-security and technology risk model risk and engineering.
Internal Audit - Risk
The Risk team within Internal Audit at Goldman Sachs consists of auditors charged with reviewing the firms internal controls utilized as part of various firmwide financial risk measurement and management functions. The objective of Internal Audit Risk team is to assess the robustness of the firms risk management framework. The Risk team is responsible for the audit of a diverse array of controls across risk stripes including market credit liquidity and operational risk and controls supporting the firms financial risk management framework.
The team in Bengaluru specializes in the audits of liquidity risk measurement and management with coverage spanning across components including risk oversight and governance risk identification and measurement risk reporting and risk management activities including risk limits monitoring.
Job Description
- Lead audit execution including planning scoping and reporting of risk-based and regulatory required audits of business areas
- Perform risk assessments of related organization units and ongoing monitoring of covered areas by conducting discussions with senior management.
- Define audit scope perform detailed walkthroughs to evaluate the adequacy of the control designs and develop test plans and perform testing to assess control operating effectiveness.
- Presenting the scope progress and results of the review to internal audit management business stakeholders and assisting with negotiating finalization of issues with senior client management.
- Perform in-depth audits of controls supporting Liquidity risk management coordinating with team members across multiple jurisdiction
- Drive discussions with stakeholders on identified issues identifying root causes assessing appropriateness of remediation plans
- Maintain ongoing discussions with senior stakeholders to understand any changes to their organizations business processes and products as well as any significant internal and external events in order to formulate a point of view of the control environment
- Develop annual audit coverage plan including risk assessment of organization units identifying high risk areas and fulfilling regulatory expectations and requirements
Skills and Relevant Experience
- Masters degree in management or economics. A qualification in Financial Risk Management (FRM) certification is an advantage
- Effective audit mindset to be able to independently assess the firms internal control structure
- Strong interpersonal and relationship management skills
- Strong verbal and written communication skills
- Solid analytical and problem-solving skills
- Good technical knowledge of relevant product areas
Highly motivated with the ability to multi-task and remain organized in a fast-paced team-oriented environment
Preferred Experience
- Technical awareness and understanding of liquidity risk measurement stress testing limits setting and monitoring risk reporting and risk governance
- Effective audit mindset to be able to independently assess the firms internal control structure in the areas of liquidity risk measurement management reporting and its conformance with regulatory requirements
- 1-2 years of experience in liquidity risk management function liquidity risk independent validation function corporate treasury function or internal audit role covering liquidity risk from the financial services industry or Big 4 risk advisory firms
About GS
The Goldman Sachs Group Inc. is a leading global investment banking securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations financial institutions governments and individuals. Founded in 1869 the firm is headquartered in New York and maintains offices in all major financial centers around the world.
Required Experience:
Senior IC
Key Skills
- ISO 27001
- Operational Risk Management
- Risk Management
- FedRAMP
- PCI
- Risk Analysis
- Visio
- COBIT
- NIST Standards
- SOX
- Information Security
- ISO 27002
About Company
The Goldman Sachs Group, Inc. is a leading global investment banking, securities, and asset and wealth management firm that provides a wide range of financial services.
